Entries by Stephanie

Got an extra $1.4 million to spend? You might need it if you don’t have cybersecurity liability coverage.

Did you know that it costs roughly $1.4 million to recover from a cyberattack? The cost of lost productivity, damage to your practice’s reputation, and service disruption, among other expenses, add up quickly(1). Responding to cyber incidents can be time-consuming too, depleting resources and taking your focus away from patient care. Data transmission permeates the […]

Professional Partnership Announcement: CARE and MGIS

We are excited to announce our newly formed professional partnership with Medical Group Insurance Services (MGIS). For more than 50 years, MGIS has specialized in creating a continuum of coverage that addresses the unique income replacement needs of physicians and dentists. Working with world-renowned underwriters at Lloyd’s of London, MGIS has added a layer of […]

Tools and Resources to Mitigate Provider Burnout

Any career that involves connecting with other people is prone to professional burnout. It is very difficult to maintain a sense of self while caring for and supporting others. Increased administrative and productivity-based demands placed on physicians has led to worsening effects of physician burnout. Increases in burnout rates can lead to negative impacts on […]

Another Strong Partnership Development: CARE and HealthShare

We are excited to announce our partnership with HealthShare, an association with more than 40 years of experience in the healthcare industry. They provide a proven, non-insurance solution to the high cost of paying for healthcare. HealthShare is managed by SHMI, Inc., which assists its clients in improving healthcare services and reducing costs. Their mission […]

Opioids and Liability: Understand Your Risk

Opioids and Liability: Understand Your Risk Opioid-related overdose deaths have more than tripled in the past 20 years. Even more alarming, the rate of correlated emergency room visits has doubled in just the last five years(1). Many providers are unaware or unsure of their liability when it comes to prescribing opioid painkillers. And even when […]

Partner spotlight: Digital Surgery

Digital Surgery(1) has an award-winning surgical simulation platform, Touch Surgery(2) (free download available on Android and iOS), which provides surgeons with an entire library of surgical workflow simulations at their fingertips. CARE, LLC partnered with Digital Surgery because we strongly believe that this application is improving lives across the globe. The platform allows surgeons to […]

Malpractice Prone: Do Providers Have Common Traits?

Is there a set of traits that identify malpractice claim-prone providers? Or at least that identify complaint-prone trends? A recent study(1) presented findings that may help industry experts identify and mitigate future risk based on historical data. For example, in that study, approximately 1% of all physicians accounted for 32% of paid claims. Additionally, the […]

Reimbursement Rates: Don’t Settle for Less

As with anything in the healthcare industry, reimbursement rates are constantly in flux. New providers are often caught between the urgency of signing contracts in order to expand their patient base and the time it takes to negotiate fees(1) that accurately reflect their experience and talent. Lack of experience can definitely be a liability when […]

The Fine Line Between Supervision and Accountability

In an earlier blog, we discussed the Swiss cheese model as it relates to risk management in healthcare. Today’s article takes a deeper dive into the element of supervision in that model, especially as it relates to Advanced Practice Providers (APPs). These APPs are generally defined(1) as professionals with advanced training, such as Advanced Practice […]

Risks of an AMA Discharge

The hospital term “AMA” usually refers to when a patient decides to leave the hospital and the care of the attending providers against their medical advice. The AMA designation is used so that future healthcare providers are aware of how the patient/provider relationship came to an end while the patient was hospitalized. This serves to […]